Bookkeeping

Accounting is the interpretation and presentation of that financial data, including aspects such as tax returns, auditing and analyzing performance. Bookkeepers and accountants are both critical for the financial health of a company. If you’re not tracking daily expenses, you’ll have very little information to give to your accountant and they won’t be able to make informed decisions. Each sale…

All cells with blue font and light grey shading can be used to enter your own numbers. Again, these guidelines vary widely by industry and company size, and can be impacted by a variety of other factors. As you can see in the above example, the difference between gross vs net is quite large. The net margin, by contrast, is…